Absolute Gains V3.0 Indicator (MT4)
This indicator calculates how much has an instrument won or lost in percentage terms on each bar displayed in the chart.
Identify market patterns
Find decisive price movements
Be suspicious about overbought/oversold situations
It is an extremely easy to use indicator…
The blue histogram represents winning bars
The red histogram represents losing bars
The gray line represents the average win/loss per bar
Labels are plotted on each bar displaying the % win/loss for the bar
…with straightforward trading implications, depending your trading approach.
You can buy after an oversold bar takes place
You can short after an overbought bar takes place
You can buy after a decisive winning bar
You can short after a decisive losing bar
Absolute Gainsv3.0 Indicator (MT4)
When loading the expert to any chart, you will be presented with a set of options as input parameters. Don’t despair if you think they are too many, because parameters are grouped into self-explanatory blocks.
Max History Bars
Number of bars to evaluate when the indicator is loaded
MA Period
Averaging period to calculate the average price movement in the oscillator
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